Connect with us

Asia

QTech Games unveils new cryptocurrency currency feature for its games

Published

3 years ago

on

Reading Time: 3 minutes

 

Leading distributor continues its breakthrough work with crypto to underpin more games for clients across emerging markets


QTech Games, the leading games distributor across Asia and emerging markets, has unveiled its latest upgraded cryptocurrency tool kit which supports a unique crypto-to-game currency feature.

The leading platform is now able to arm its partners and their players with all the inherent crypto benefits of lower transaction costs and faster withdrawals across a wide variety of cryptocurrencies, including but not limited to: BTC (Bitcoin), ETH (Ethereum), XRP (Ripple), LTC (Litecoin), BCH (Bitcoin Cash), USDC and DAI. These cryptocurrencies, attended by a widening range of stablecoins, alt-coins and even virtual tokens, will attract and empower a host of new players who hold and want to play in these popular alternatives to fiat, underpinned by a responsive real-time exchange mechanism.

Accordingly, players can now both keep their wallet in cryptocurrency, and also play in traditional fiat money. As a result, most games on the QTech platform are now available for play, not only those games which support crypto.

The move tracks surging underlying demand and a buoyant atmosphere in the crypto community, whose optimistic outlook has been bolstered by further recent gains. Indeed, QTech clients are now finding that those crypto customers who have accrued capital gains are more eager to take chances across the gaming verticals.

QTech Games’ backend that provides operators with the ability to manage player registrations, payments, promotions, marketing, and other key functions, is supported by one of the strongest technical teams in the industry, making the back-office a scalable tool which grows with the operator.

Ulf Norder, CCO at QTech Games, said: “This is a timely crypto-to-game currency innovation, including the possibility to create virtual currencies as well. It’s essentially two features in one: players can deposit into their wallets as normal, convert their balance into any currency (coin, token, or play games which aren’t bespoke crypto games) and then play as usual, safeguarded by our unique real-time exchange mechanism.

“The gambling industry was one of the original pioneers in the use of crypto, and opportunities still abound, both for our partners and their players. By this, I naturally refer to the recognized advantages around speed and security, but also the savings our clients can then pass on to the consumer for a better experience all round. Players can benefit from fairer margins compared to fiat-money operators, who have to pay substantial costs for conventional payment-processing and chargebacks. On sportsbook, that might mean better margins – or, on casino, better promotions. Everyone benefits.

“As the leading distributor across developing territories, we want to help educate our partners, improve adoption rates, and unpack the day-to-day needs of the customer, so we can service them. They want speed, flatter learning curves, and tighter security. As a result, we’re now giving it to them. It’s as straightforward as that.

“Our commitment to rolling out high-quality content remains undimmed, but crypto is a progressive ally in driving revenue for our partners. So, it’s a real thrill to partner with more and more ambitious digital casinos, who are looking to disrupt the space through cryptocurrency innovation, underscored by QTech’s quality product line. This is just the beginning.

“Of course, none of this means going all-in and converting everything into blockchain. But an edge and an understanding can be secured by simply integrating crypto as a new payments pathway. Ultimately, every scarce asset will be “blockchain-ified” – be it a stock, a fungible dollar or a non-fungible token (NFT). It all goes on chain and can take traditional banks and charges out of the equation. Blockchains are radically egalitarian because every user becomes a root user.”

Related Topics:
Continue Reading
Advertisement

Asia

Asian Poker Tour Announces Cancellation of APT Manila 2025

Published

5 days ago

on

March 31, 2025

By

asian-poker-tour-announces-cancellation-of-apt-manila-2025
Reading Time: < 1 minute

 

The Asian Poker Tour has announced the cancellation of APT Manila 2025, which was scheduled to take place from May 30 to June 8, 2025, at the City of Dreams Manila.

The next scheduled APT tour stop following the upcoming APT Taipei 2025—running April 25 to May 4 with a TWD 70M (~USD 2.1M) guaranteed Main Event—will be the APT Incheon 2025; boasting a KRW 2.5M buy-in Main Event with a KRW 1.5B (~USD 1M) guarantee running August 1-10 at the Paradise Hotel & Resort.

This will be followed by the APT Jeju 2025, which boasts a KRW 2.6M buy-in Main Event with a KRW 2.2B (~USD 1.5M) prize pool guarantee and runs from September 26 to October 5 at Jeju Shinhwa World.

The 2025 APT poker schedule will conclude with the thrilling end of year APT Championship (APTC), which runs from November 14-30, 2025 at the Red Point Center’s brand new “Red Space” venue located in central Taipei.

The APTC Main Event boasts a massive TWD 165 million (~USD 5 million) prize pool guarantee – the largest the tour has ever offered.

Players can win their seat to this exciting TWD 350,000 (~USD 10,700) freezeout by competing in the tour’s three signature events—the APT Main Event, the APT High Roller and the APT Super High Roller—at each of the three remaining APT tour stops preceding the APTC.

The post Asian Poker Tour Announces Cancellation of APT Manila 2025 appeared first on European Gaming Industry News.

Continue Reading

Asia

Birmingham City Forms Alliance with GOD55 as Their Official Asian Betting Partner

Published

5 days ago

on

March 31, 2025

By

birmingham-city-forms-alliance-with-god55-as-their-official-asian-betting-partner
Reading Time: < 1 minute

 

GOD55, a premier online gaming platform and leading operator in Southeast Asia, is proud to announce its partnership with Birmingham City Football Club as the club’s Official Asian Betting Partner.

Established in 2016, GOD55 has become one of the biggest and most trusted brands in the online gaming industry, offering a wide range of betting and entertainment options, including casino games, sports betting, and live dealer experiences. Leveraging cutting-edge technology, the platform provides users with seamless mobile and desktop access, real-time data integration, and high-quality streaming for live events.

As part of this exciting partnership, GOD55 has launched an exciting announcement film, filmed on location at Birmingham City’s St. Andrew’s @ Knighthead Park and Elite Performance Innovation Centre.

A spokesperson for GOD55 commented: “We are delighted to partner with Birmingham City, a club with a rich history and a dedicated global fanbase. This collaboration reflects our commitment to connecting with football enthusiasts and delivering an enhanced entertainment experience. Together, we aim to engage fans in innovative ways, celebrating the beautiful game while offering a world-class gaming platform for our users in Asia.”

Birmingham City also expressed their excitement about the partnership: “We’re thrilled to welcome GOD55 to the Birmingham City family as our Official Asian Betting Partner. This partnership highlights the club’s growing international appeal and provides an opportunity to further engage with our supporters in Asia. We look forward to working closely with GOD55 to achieve great things together.”

The post Birmingham City Forms Alliance with GOD55 as Their Official Asian Betting Partner appeared first on European Gaming Industry News.

Continue Reading

Asia

FOMO7 Expands Platform with 46 New Indian Lottery Games

Published

1 week ago

on

March 27, 2025

By

fomo7-expands-platform-with-46-new-indian-lottery-games
Reading Time: < 1 minute

 

FOMO7, a trusted name in online entertainment, has unveiled a massive update to its gaming platform with 46 exciting new Indian lottery games, giving players even more chances to win guaranteed prizes in addition to their regular winnings.

This new launch brings a diverse mix of India’s most beloved lottery formats, including:

• Kerala Lottery

• Speed Matka Lottery

• Daily Matka Lottery

• Dear Lottery

• Daily Pick3, Pick4 & Pick5 Lotteries

• Wingo Lottery

With minimum bets starting at just ₹6, draws are held as frequently as every minute, and scheduled daily, weekly, and at popular time slots like 8 AM, 9 AM, 5 PM, 8 PM and 10 PM, offering a dynamic and rewarding experience for both casual and seasoned players. Top winnings go up to ₹10 Crores, making this one of the most lucrative opportunities in the online lottery space today.

In addition to its rich selection of lottery games, FOMO7 offers a comprehensive gaming experience with casino games, sports betting, instant sports and classic live sports, catering to all kinds of online gaming enthusiasts.

The post FOMO7 Expands Platform with 46 New Indian Lottery Games appeared first on European Gaming Industry News.

Continue Reading

Trending